Domestic Fuel Prices Set for Reduction at June 4th Adjustment Window
Deep News
May 24
At 24:00 on June 4th, domestic refined oil product prices in China are scheduled for an adjustment. The current statistical period for this price cycle, spanning 10 working days, has just completed its first day. Although the new round of price adjustments has only just begun, oil prices have already started to decline again. The current crude oil change rate has reached -4.22%, indicating an anticipated price reduction of 180 yuan per ton (0.14 yuan to 0.16 yuan per liter). The current projected decrease in oil prices has already far exceeded the threshold required for a downward adjustment.
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